SLT 0.00% 0.7¢ select exploration limited

Ann: Response to ASX Price Query, page-5

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  1. 1,088 Posts.
    It might be worth noting that the Company Secretary (noticed his sign off on the speeding ticket response) for SLT is also a Non Exec Director at CZI - hmm ... the plot thickens!!

    If MTA SP heads north then so does SLT. Those 5 million shares are worth ~$1.2 million and the oppies have a face value of $400k. If MTA heads in the TON direction then things look good for SLT holders.

    IMO - a nice way to leverage of MTA while the TH is in place. Risky - yes! However, the reward is also there.

    Might be some action tomorrow around SLT - any thoughts?
 
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